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Re: jeunke22 post# 148479

Friday, 07/21/2023 11:35:11 AM

Friday, July 21, 2023 11:35:11 AM

Post# of 195158
The MM business is brutal and has been steadily in decline since the price spreads went to pennies in 2001. I know because I was one. There is way too much risk and regulations for the chance to make a decent living. Everything consolidated to the big firms with NITE and Citadel ruling the roost. I guess their motto is quantity over quality.

LWLG is brutal to figure out on a daily basis. Looks good and then turns south on a dime. No different than most stocks. The overall market is even worse. Best strategy for LWLG is to sell puts for premium. Collect a monthly income with a moderate amount of risk. Trying to time this stock is a waste of money. Listening to some of these posters rant non-stop about shorts and we are on the one yard line(12 years and counting) makes you puke. The naysayers that constantly rip the company are just as bad. If you are long, just put a tracker on the stock and glance at it on occasion. We will be at the mercy of everything until Lebby announces a revenue producing deal. Their credibility is great in the technology world but suspect when it comes to the shareholder base. And anything with Marcelli in a leadership role is tying an anchor around the company. Pray he takes retirement in Folrida.
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  • 1M
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  • 6M
  • 1Y
  • 5Y
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